Daimler warns of job cuts to support e-car program

BERLIN - Mercedes-Benz owner Daimler AG has warned that e-cars will cut into the company's profits and cost jobs.

State to relax RMB exchange rate rules

The renminbi exchange rate will be more flexible, basically determined by the market's supply and demand situation, a senior official with the State Administration of Foreign Exchange (SAFE) said on Wednesday.

Zhongwang acquires German Alunna firm

Hong Kong-listed China Zhongwang Holding announced the acquisition of Germany's Aluminiumwerk Unna AG (Alunna) on Wednesday, as its latest effort to grab a share of the global market.

CNNP to promote new-generation reactor

China National Nuclear Power Co Ltd said it plans to establish a company, in Cangzhou, Hebei province, to promote the development of a traveling-wave reactor, a new nuclear design using fourth-generation technology.

Taetea Foundation offers cup of cheer

A major Chinese charity has called on university students to take part in public service projects as part of a new plan to combat poverty.

Good hygiene means good health

Baxter China, a branch of the United States-based medical technology provider, is promoting awareness of children's health and hygiene.

McHappy eases pain of children in need

Nearly 10,000 children and their parents took part in a fun run at Beijing Garden Expo Park to support Ronald McDonald House Charities.

IN BRIEF (Page 18)

AI industry in need of a helping hand

Gao Jianqing was searching for the job of his dreams nearly 11 years ago.

Talent is crucial in taking the sector forward

China is beefing up efforts to attract highly-skilled professionals to work in AI as companies across the world scramble to get an edge in this cutting-edge field.

BitTiger shows its stripes in IT educational field

Working in AI, or the artificial intelligence industry, can be a learning experience which will take you to the frontier of technology.

Gas ban propels industry changes

With China announcing a plan to eventually end the production and sale of vehicles powered entirely by fossil fuels, domestic and foreign-owned automakers are expected to be even more aggressive in developing electric and alternative vehicles for the world's largest car market.